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Cembra Money Bank AG

Notice of Dividend Amount Aug 23, 2017

852_rns_2017-08-23_8d71bffa-9b96-41f6-9ab1-d1bffe5ba8b4.html

Notice of Dividend Amount

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RNS Number : 7985O

Cambian Group PLC

23 August 2017

Cambian Group Plc

("Cambian" or the "Company")

ANNOUNCEMENT OF £50 MILLION RETURN OF CAPITAL

Following the sale of the adult services business at the end of 2016 for £379 million, Cambian announced its intention to return £50 million of capital to shareholders by way of a special dividend subject to a number of conditions including the creation of sufficient distributable reserves.

Cambian is pleased to announce that the conditions have now been satisfied and therefore the Directors of the Company have today declared a special dividend of 27.1p per Ordinary share, equating to a £50 million return of capital to shareholders.  A payment of 27.1p per Ordinary share will be made on 15 September 2017 to ordinary shareholders on the register on 1 September 2017. The ex-dividend date is 31 August 2017.

ENDS

Enquiries:
Cambian Group plc Tel:  +44 (0) 20 8735 6150
Saleem Asaria, Chief Executive Officer
Anoop Kang, Chief Financial Officer
Instinctif Partners (PR Adviser) Tel:  +44 (0) 20 7457 2020
Mark Garraway
James Gray

This information is provided by RNS

The company news service from the London Stock Exchange

END

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